£369,444
This estimated value is based upon the latest sale price for the house of £299,950 on 23 Apr 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £299,950 | 23 Apr 2019 |
| £221,000 | 27 Jul 2015 |
| £175,000 | 30 Jun 2004 |
| Semi-Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in April 2019 the House Price Index for ESSEX was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.169%.Applying this 23.169% change to the original purchase price of £299,950 results in an estimated price of approximately £369,444.
| 23 Apr 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.169 % | £299,950 | £69,494 | £369,444 |
The Postcode Pricing Model uses changes in average sales price within the CO4 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 3.955 % | £11,864 | £311,814 |
| 3 Month Average | 18.156 % | £54,458 | £354,408 |
| 6 Month Average | 11.051 % | £33,147 | £333,097 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £377,135 | £370,000 | 1A LINE COTTAGES STRAIGHT ROAD |
| 8 Dec 2023 | £456,129 | £447,500 | THE OLD FORGE HOUSE STRAIGHT ROAD |
| 25 Jul 2023 | £671,351 | £665,000 | REDTHORNS STRAIGHT ROAD |
| 14 Jul 2023 | £636,016 | £630,000 | 3 PIPPIN DRIVE |
| 21 Jun 2023 | £403,270 | £400,000 | 34 HILL FARM WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Possession of weapons | Local resolution | On or near Hill Farm Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cage Lane |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Pippin Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pippin Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pippin Drive |